Google to ban cryptocurrency ads

Atheer – External Sources

Google revealed on Wednesday that as of June it will ban advertisements for cryptocurrencies and related content.

According to Reuters, under the new policy Google will ban ads for unregulated or speculative financial products like binary options, cryptocurrency and financial spread betting among others.

“Improving the ads experience across the web, whether that’s removing harmful ads or intrusive ads, will continue to be a top priority for us,” said Scott Spencer, director of sustainable ad.
In January, Facebook announced that it would ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings.
The company said that the policy was to be implemented across its platforms, including on Facebook, Audience Network and Instagram.

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